The stats I provided take everything into consideration. SOme of the expireds/cancelled came back as new (DOM schemish) and some dont but all I am really looking at is what does Total inventory (i.e. supply) look like.
You can call homes in escrow/pending whatever you want. I really dont care. They are not in the active inventory that buyers are looking at thus do not impact the balance of supply/demand at a given point in time.
Looking at a micro environment like 3 zips does tell you what is going on. But it only tells you what is going in in those 3 ZIP’s. It was answering a specific question posed by Farbet and never was meant as a commnetary on the overall SD County market which is far weaker.
